Airwallex Invests In Latin America Growth With Brazil And Mexico Entries
- 5 months 3 weeks ago
- Investment
Today, Airwallex announced several milestones in its global expansion strategy: securing a payment institution license from the Banco Central do Brasil, and finalizing the acquisition of MexPago, a Mexico-based payment service provider and an Institution of Electronic Payment Funds (IFPE) lice
Validis Secures Strategic Investment From Citi and Barclays to Transform Commercial & Corporate Banking Services
- 5 months 3 weeks ago
- Investment
Validis, a market leader in financial data collection and standardization, today announced strategic investments from Citi and Barclays. The announcement marks a milestone in furthering efforts to modernize business lending through automated data standardization, encompassing corporate, commercial and working capital finance products, including invoice finance, receivables finance, and asset-based lending.
Intelligent Lending Announces Acquisition of TotallyMoney
- 5 months 3 weeks ago
- Investment
Intelligent Lending has announced the acquisition of TotallyMoney, the award-winning fintech whose focus is on helping the UK’s 23 million financially under-served adults unlock a life of more choices. An industry leader in open banking and credit reporting, TotallyMoney’s belief is that people’s data should work for them, not against them. And the free finance app provides personalised insights, plans, and product recommendations to help its... more
OakNorth Completes £1.4M Loan to Support the Acquisition and Redevelopment of a Vacant Residential and Office Building in Fitzrovia
- 5 months 3 weeks ago
- Investment
OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a £1.4m loan to fund the purchase of a 2,690 sq. ft, vacant residential and office building in Fitzrovia, central London.
Clearwater Analytics to Acquire Enfusion for $1.5 Billion, Expanding Its Investment Management Platform with Front-to-Back Capabilities
- 5 months 3 weeks ago
- Investment
Clearwater Analytics and Enfusion, Inc.
Fintech Nsave Launches Investment Platform, Offering People From Distressed Economies Protection From Inflation With Compliant and Safe Investments Abroad
- 5 months 3 weeks ago
- Investment
nsave, the provider of trusted, compliant accounts abroad to people from countries with high inflation, has today announced the launch of an investment product, enabling people at risk of financial exclusion to protect and grow their wealth. The company also confirmed an $18mn Series A investment led by TQ Ventures with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton Foundation, to accelerate their growth.
Arcapita and DgPays Consortium Completes $385 Million Acquisition of Majority Stake in NEOPAY From Mashreq
- 5 months 3 weeks ago
- Investment
Mashreq, one of the MENA region’s leading financial institutions, is pleased to announce the successful completion of the sale of a majority stake in NEOPAY, the UAE’s fast-growing digital payments leader. As previously announced on 13 September 2024, DgPays, a leading financial infrastructure technology provider in the EMEA region and Arcapita Group Holdings Limited ("Arcapita"), a global alternative investment firm, had agreed to acquire the... more
Bluestone Federal Credit Union Selects InvestiFi to Provide New Investing Solutions to Its Membership
- 6 months 13 hours ago
- Investment
Bluestone Federal Credit Union, a credit union with deep roots in Sioux Falls and across Eastern South Dakota, has tapped Investifi to enable expanded investing solutions for their members from within their ItsMe247 online banking experience from CU*Answers. InvestiFi is natively integrated with CU*Answers and will deliver these solutions with robust financial education and US-based customer support.
Leading Hotel Family Business, JMK Group, to Acquire City of London Site Following £16.6M Co-Loan from OakNorth and REL Finance
- 6 months 13 hours ago
- Investment
OakNorth, the digital bank for entrepreneurs, by entrepreneurs and structured real estate lender, REL Finance, have completed a £16.6m co-loan to JMK Group, a leading family-run hospitality business.
Allvue Systems Acquires PFA Solutions To Expand Its Position As The Premier Solution Provider For Alternative Investors
- 6 months 2 weeks ago
- Investment
Allvue Systems, LLC, a leader in alternative investment solutions, has acquired PFA Solutions LLC, a provider of compensation and carried interest software solutions for firms across private equity, private debt and venture capital. PFA’s flagship product, FirmView®, combined with Allvue’s platform, will help CFOs and finance teams streamline fund operations and accounting workflows. The combined power of both platforms will further enable... more
N26 Adds Ready-Made Funds to Its Investment Offering
- 6 months 3 weeks ago
- Investment
N26 today announced the launch of Ready-Made Funds, a new offering added to its existing Stocks & ETFs trading product designed to make investing easier and more accessible than ever before.
Emirates NBD Powers Digital Asset Custody in the UAE Through Investment in Zodia Custody
- 6 months 3 weeks ago
- Investment
Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region has invested in Zodia Custody, a prominent institution-first digital asset custodian. The strategic equity investment was made by Emirates NBD’s Innovation Fund, the bank’s corporate venture fund. Created in 2023, the fund strengthens the bank’s digital ambitions and regional expertise in synergy with the agility and technological innovations of... more
Illimity Supports the Growth of De Angelis with Over €21 Million, Including €9.1 Million Subscribed by Illimity SGR
- 7 months 5 days ago
- Investment
illimity Bank S.p.A. has supported the De Angelis Food S.p.A. Group (“De Angelis” or the “Group”) for a total of €21.1 million, one of the major international players in the production and marketing of fresh pasta and products for gastronomy.
KPMG Invests $100M In Google Cloud Alliance To Accelerate Enterprise Adoption Of AI
- 7 months 2 weeks ago
- Investment
KPMG LLP and Google Cloud today announced a major expansion of their U.S. alliance focused on advancing generative AI, data analytics, and cybersecurity among Fortune 500 companies and global enterprises. KPMG will make a landmark $100 million investment in its Google Cloud practice, which KPMG estimates will drive $1 billion in incremental growth for the firm.
British Business Bank’s Growth Guarantee Scheme Provides Over £250M Of Lending To UK Smaller Businesses
- 7 months 2 weeks ago
- Investment
The British Business Bank today announces that its Growth Guarantee Scheme has supported more than £250m of finance to smaller businesses, since its launch as a successor to the Recovery Loan Scheme in July 2024. The Growth Guarantee Scheme is designed to support access to finance for UK smaller businesses as they look to invest and grow. The scheme works with a wide range of financial products and lenders, including term loans, overdrafts,... more
